Medical tourism in India to fetch $9 billion by 2020

Published on : Saturday, October 14, 2017

medical tourismWith more than 500,000 foreign patients visiting India for treatment every year India will be among fastest growing medical tourism destination. It is expected that medical tourism industry will become a $9 billion industry by 2020.

 

 

Rita Teaotia, Secretary, Ministry of Commerce said that earlier more attention was paid to developed countries but now the focus has changed to Asia. She said while addressing the third edition of Advantage Healthcare India 2017 summit conducted by Ficci that India was among the fastest growing tourism destinations in Asia.

 

 

Many European countries are drawn by the healing benefits of Ayurveda. The Ayurveda, yoga and wellness  industry is unique in its own way giving an upper hand from other medical tourism destinations in the world.

 

 

She further added that the government will focus the global acceptance of Ayurveda that is based on the lines of Chinese medicine.

 

It was estimated that medical tourism, where people travel outside their country for treatment was a $ 3 billion-worth industry.

 

Karnataka having a direct connection to world capitals, 56 medical colleges and 19 National Accreditation for Hospitals and Healthcare Providers ( NABH) accredited hospitals was about to set up a medical and wellness tourism policy,  said Gaurav Gupta, the Principal Secretary of Department of IT, Biotechnology and  Tourism for Karnataka.

 
He also mentioned that India place itself as  a $9 billion –worth medical tourism destination by 2020.
Ficci along with Ministry of Commerce and Industry and its Services Export Promotion Council (SEPC)  had organised the three day international summit on medical tourism.

 

 

It had over more than 700 delegates from across 50 countries like US, Russia, Saudi Arabia and United Arab Emirates.

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One Response to Medical tourism in India to fetch $9 billion by 2020

  1. SUBHENDU BHATTACHARJEE says:

    To become pioneer in the field of Medical Tourism, India has to be developed world class medical facilities among various hospitals and medical colleges in the country.
    If India has to offer better medical facilities with cheapest rate compare to other Asian countries then most of the people have to come here for treatment purpose.
    India has an opportunity to flourish AYURVEDA, YOGA AND MEDITATION in the world. Because India is well known for this treatment.
    The most important places are Kolkata in Eastern Region, in Southern Region Chennai and Vellore in Tamilnadu, Bengaluru in Karnataka, Hyderabad in AndhraPradesh, Kerala for Ayurvedic treatment, in Northern Region Delhi and in Western Region Mumbai.

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